Category: Uncategorized
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Stocks and Oil Prices
I have recently read an excellent post by Ben Bernanke about stocks and oil prices, which can be found here . Basically, Bernanke is trying to explain the positive correlation between stocks and oil prices recently, which normally is not the case. As oil prices hit the $30 a barrel level, stocks…
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The Chinese Migration into Malaya in the 19th century
In view of the recent Chinese New Year celebrations, I thought it will be appropriate to write a bit on the history of the Chinese population in Malaysia specifically the Chinese migration into Malaya in the 19th century. Below is a summary version of a paper I have written previously…
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Why the Phoenix Suns need its Fast Break and 3PT Shooting no matter what, a Linear Regression Analysis
Phoenix Suns, home of the 7 seconds or less offense. Over the years, basketball fans all over the world have been treated to the up tempo offense, pioneered by Mike D’Antoni. This offense would not have been possible without some of the talents on the roster. Steve Nash, a pass…
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 3)
In part 2, I wrote about how BNM ultimately will hit the trilemma wall if it decides to “control” the ringgit. In part 3, I will write about what the exchange rate means to Malaysia and how it does not reflect fully the state of the economy. This is entirely…
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 2)
In part 2, I will attempt to explain the monetary arrangements that are being pursued by BNM and how ultimately its hands are tied in relation to what the institution wants to achieve. In the economics field specifically monetary policy, there is a an empirically proven tri-lemma that exists for…
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 1)
Much has been said over the months from the years of 2014-2015 about the weakness of the ringgit, about how its decline should be controlled by the various governmental institutions (Bank Negara Malaysia), or more extreme, the pegging of the ringgit to a major currency or a basket of currencies.…
Slice of P.I.E 